Electric Vehicle (EV) Sensor Market - By Product (Current Sensor, Temperature Sensor, Positions Sensor, Pressure Sensor, Speed Sensor, Lidar Sensor, Radar Sensor, Image Sensor), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Application & Forecast, 2022-2030

Report ID: GMI5323
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Published Date: August 2022
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Report Format: PDF

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Electric Vehicle Sensor Market Size

Electric Vehicle Sensor Market size surpassed USD 8 billion in 2021 and is anticipated to register over 5% CAGR from 2022 to 2030. The industry growth is driven by growing concerns associated with the environment.
 

Electric Vehicle Sensor Market

Growing environmental awareness to propel product demand

There is a significant rise in the adoption of electric vehicles on account of rising awareness about the environment. According to the International Energy Agency (IEA), the sales of electric cars doubled in 2021 to a record 6.6 million, with 2 million electric cars sold across the world in the first quarter of 2022. Electric vehicles have many benefits over conventional vehicles such as eco-friendliness, low maintenance, and usage of renewable resources coupled with advanced electronic and automated systems, thereby boosting the EV sensor market demand.
 

Electric Vehicle Sensor Market Analysis

Global Electric Vehicle Sensor Market Size By Product

The position sensor market is expected to attain around 10% gains through 2030. Rising awareness correlated with the monitoring and safety systems in electric vehicles has escalated product sales. These sensors are used in applications with motion detection involved as they can monitor precise speed and movement. In the case of BEVs, position sensors are used for identifying the position of the pedals, steering wheel, and seats, along with valves, actuators, and knobs.
 

The passenger cars segment dominated with around 80% of the electric vehicle sensor market share in 2021. Growing demand for automotive electrification together with the integration of advanced safety and infotainment systems in vehicles will fuel the segmental growth. These systems use different powertrain sensors such as temperature, speed, position, current, and ultrasonic, among other sensors to ensure maximum power utilization from EV batteries.
 

Global Electric Vehicle Sensor Market Size By Application

Electric vehicle sensor market application in BEV sector is projected to foresee growth of above 10% during 2022-2030. A supportive regulatory framework in addition to growing awareness levels has increased the adoption of Battery Electric Vehicle (BEV) with consumers seeking environment-friendly vehicles. EVs have several advantages such as low maintenance cost, high efficiency, and low carbon emissions which influence the business stance.
 

The Europe EV sensor market is set to record around 8% growth rate between 2022 and 2030. This is achievable due to the increasing requirement of advanced technologies such as IoT and AI in the automotive industry for electric mobility. Systems such as ADAS (Advanced Driver Assistance Systems) and EBD (Electronic Brake force Distribution) are increasingly integrated into electric vehicles to ensure passenger safety which further supports product acceptance.
 

Electric Vehicle Sensor Market Share

  • Continental AG
  • Denso Corporation
  • Robert Bosch
  • Sensata
  • ZF
  • Valeo
  • Ampheol
  • Renesas
  • NXP Semiconductor
  • Melexis

are some of the prominent players operating in the market for electric vehicle sensors. Companies are actively devising acquisition strategies to expand their business presence.
 

COVID-19 Impact

The COVID-19 pandemic had a significant impact on the automotive industry. Global passenger car sales fell to 60.5 million units in 2020. This problem was augmented by the escalating shortage of semiconductors that are primarily required to manufacture electronic components. Even after the resumption of regular business practices, strict social distancing norms did not enable the predictable industry statistics. To that end, the automotive industry needs to implement new forms of working. With the help of Industry 4.0 initiatives, manufacturers will create resilient manufacturing operations and supply chains in the future.
 

This market research report on electric vehicle sensor includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD from 2018 to 2030 for the following segments:

Market, By Product

  • Current
  • Temperature
  • Position
  • Pressure
  • Speed
  • LiDAR
  • RADAR
  • Image
  • Others

Market, By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

Market, By Application

  • BEV
  • HEV
  • PHEV
  • FCEV

Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

Authors: Suraj Gujar
Electric Vehicle Sensor Market Scope
  • Electric Vehicle Sensor Market Size
  • Electric Vehicle Sensor Market Trends
  • Electric Vehicle Sensor Market Analysis
  • Electric Vehicle Sensor Market Share

Report Content

Chapter 1   Methodology & Scope

1.1    Scope and definition

1.2    Methodology & forecast parameters

1.3    COVID-19 impact

1.3.1    North America

1.3.2    Europe

1.3.3    Asia Pacific

1.3.4    Latin America

1.3.5    MEA

1.4    Data Sources

1.4.1    Secondary

1.4.1.1   Paid sources

1.4.1.2   Public sources

1.4.2    Primary

1.5    Industry Glossary

Chapter 2   Executive Summary

2.1    Electric vehicle sensor industry 3600 snapshots, 2018-2030

2.2    Business trends

2.3    Regional trends

2.4    Product trends

2.5    Vehicle type trends

2.6    Application trends

Chapter 3   Electric Vehicle Sensor Industry Insights

3.1    Introduction

3.2    COVID-19 impact

3.2.1    Impact by region

3.2.1.1   North America

3.2.1.2   Europe

3.2.1.3   Asia Pacific

3.2.1.4   Latin America

3.2.1.5   MEA

3.2.2    Impact by value chain

3.2.2.1   Research & development

3.2.2.2   Manufacturing

3.2.2.3   Marketing

3.2.2.4   Supply

3.2.3    Impact by competitive landscape

3.2.3.1   Strategy

3.2.3.2   Distribution network

3.2.3.3   Business growth

3.3    Russia-Ukraine war impact

3.4    Electric vehicle sensor industry ecosystem analysis

3.4.1    Component suppliers

3.4.2    Manufacturers

3.4.3    End use Landscape

3.4.4    Distribution channel analysis

3.4.5    Vendor matrix

3.5    Technology & innovation landscape

3.5.1    Coreless current sensors

3.5.2    Packaging trend in lidar sensor

3.5.3    Capacitive technology in humidity sensors

3.6    Regulatory landscape

3.6.1    International

3.6.2    North America

3.6.3    Europe

3.6.4    Asia Pacific

3.6.5    Latin America

3.6.6    MEA

3.7    Industry impact forces

3.7.1    Growth drivers

3.7.1.1   Rising government regulations and initiatives in North America and Europe

3.7.1.2   Increasing demand for hybrid and electrical vehicles globally

3.7.1.3   Growing innovation in ADAS systems for EVs

3.7.1.4   Proliferation of EV component manufacturers in Asia Pacific

3.7.1.5   Growing awareness towards sustainable mobility

3.7.2    Industry pitfalls & challenges

3.7.2.1   High cost associated with LiDAR sensors

3.8    Investment portfolio

3.9    Growth potential analysis

3.10    Porter’s analysis

3.10.1    Threat of new entrant

3.10.2    Bargaining power of supplier

3.10.3    Bargaining power of buyer

3.10.4    Threat of substitution

3.10.5    Competitive rivalry

3.11    PESTEL analysis

3.11.1    Political

3.11.2    Economical

3.11.3    Social

3.11.4    Technological

3.11.5    Legal

3.11.6    Environmental

Chapter 4   Competitive Landscape, 2021

4.1    Introduction

4.2    Market share analysis, 2021

4.3    Completive analysis of key market players, 2021

4.3.1    Continental AG

4.3.2    DENSO CORPORATION.

4.3.3    Robert Bosch GmbH.

4.3.4    ZF Friedrichshafen AG

4.3.5    Sensata Technologies

4.4    Completive analysis of innovative players, 2021

4.4.1    VALEO

4.4.2    Amphenol Corporation

4.4.3    Renesas Electronics Corporation.

4.4.4    NXP Semiconductors NV

4.4.5    Melexis

4.5    Vendor adoption matrix

Chapter 5   Electric Vehicle Sensor Market, By Product

5.1    Key trends, by product

5.2    Current Sensor

5.2.1    Market estimates and forecast, 2018 – 2030

5.3    Temperature

5.3.1    Market estimates and forecast, 2018 – 2030

5.4    Positions

5.4.1    Market estimates and forecast, 2018 – 2030

5.5    Pressure

5.5.1    Market estimates and forecast, 2018 – 2030

5.6    Speed

5.6.1    Market estimates and forecast, 2018 – 2030

5.7    Lidar

5.7.1    Market estimates and forecast, 2018 – 2030

5.8    Radar

5.8.1    Market estimates and forecast, 2018 – 2030

5.9    Image

5.9.1    Market estimates and forecast, 2018 – 2030

5.10    Others

5.10.1    Market estimates and forecast, 2018 – 2030

Chapter 6   Electric Vehicle Sensor Market, by Vehicle Type

6.1    Key trends, by vehicle type

6.2    Passenger cars

6.2.1    Market estimates and forecast, 2018 – 2030

6.3    Commercial vehicles

6.3.1    Market estimates and forecast, 2018 – 2030

Chapter 7   Electric Vehicle Sensor Market, By Application

7.1    Key trends, by application

7.2    Battery Electric Vehicles (BEV)

7.2.1    Market estimates and forecast, 2018 – 2030

7.3    Hybrid Electric Vehicles (HEV)

7.3.1    Market estimates and forecast, 2018 – 2030

7.4    Plug-in Hybrid Electric Vehicles (PHEV)

7.4.1    Market estimates and forecast, 2018 – 2030

7.5    Fuel Cell Electric Vehicles (FCEV)

7.5.1    Market estimates and forecast, 2018 – 2030

Chapter 8   Electric Vehicle Sensor Market, By Region

8.1    Key trends, by region

8.2    North America

8.2.1    Market estimates and forecast, 2018 – 2030

8.2.2    Market estimates and forecast, by product, 2018 – 2030

8.2.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.2.4    Market estimates and forecast, by application, 2018 – 2030

8.2.5    U.S.

8.2.5.1   Market estimates and forecast, 2018 – 2030

8.2.5.2   Market estimates and forecast, by product, 2018 – 2030

8.2.5.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.2.5.4   Market estimates and forecast, by application, 2018 – 2030

8.2.6    Canada

8.2.6.1   Market estimates and forecast, 2018 – 2030

8.2.6.2   Market estimates and forecast, by product, 2018 – 2030

8.2.6.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.2.6.4   Market estimates and forecast, by application, 2018 – 2030

8.3    Europe

8.3.1    Market estimates and forecast, 2018 – 2030

8.3.2    Market estimates and forecast, by product, 2018 – 2030

8.3.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.4    Market estimates and forecast, by application, 2018 – 2030

8.3.5    UK

8.3.5.1   Market estimates and forecast, 2018 – 2030

8.3.5.2   Market estimates and forecast, by product, 2018 – 2030

8.3.5.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.5.4   Market estimates and forecast, by application, 2018 – 2030

8.3.6    Germany

8.3.6.1   Market estimates and forecast, 2018 – 2030

8.3.6.2   Market estimates and forecast, by product, 2018 – 2030

8.3.6.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.6.4   Market estimates and forecast, by application, 2018 – 2030

8.3.7    France

8.3.7.1   Market estimates and forecast, 2018 – 2030

8.3.7.2   Market estimates and forecast, by product, 2018 – 2030

8.3.7.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.7.4   Market estimates and forecast, by application, 2018 – 2030

8.3.8    Italy

8.3.8.1   Market estimates and forecast, 2018 – 2030

8.3.8.2   Market estimates and forecast, by product, 2018 – 2030

8.3.8.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.8.4   Market estimates and forecast, by application, 2018 – 2030

8.3.9    Spain

8.3.9.1   Market estimates and forecast, 2018 – 2030

8.3.9.2   Market estimates and forecast, by product, 2018 – 2030

8.3.9.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.9.4   Market estimates and forecast, by application, 2018 – 2030

8.3.10    Russia

8.3.10.1    Market estimates and forecast, 2018 – 2030

8.3.10.2    Market estimates and forecast, by product, 2018 – 2030

8.3.10.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.3.10.4    Market estimates and forecast, by application, 2018 – 2030

8.4    Asia Pacific

8.4.1    Market estimates and forecast, 2018 – 2030

8.4.2    Market estimates and forecast, by product, 2018 – 2030

8.4.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.4    Market estimates and forecast, by application, 2018 – 2030

8.4.5    China

8.4.5.1   Market estimates and forecast, 2018 – 2030

8.4.5.2   Market estimates and forecast, by product, 2018 – 2030

8.4.5.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.5.4   Market estimates and forecast, by application, 2018 – 2030

8.4.6    India

8.4.6.1   Market estimates and forecast, 2018 – 2030

8.4.6.2   Market estimates and forecast, by product, 2018 – 2030

8.4.6.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.6.4   Market estimates and forecast, by application, 2018 – 2030

8.4.7    Japan

8.4.7.1   Market estimates and forecast, 2018 – 2030

8.4.7.2   Market estimates and forecast, by product, 2018 – 2030

8.4.7.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.7.4   Market estimates and forecast, by application, 2018 – 2030

8.4.8    South Korea

8.4.8.1   Market estimates and forecast, 2018 – 2030

8.4.8.2   Market estimates and forecast, by product, 2018 – 2030

8.4.8.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.8.4   Market estimates and forecast, by application, 2018 – 2030

8.4.9    Taiwan

8.4.9.1   Market estimates and forecast, 2018 – 2030

8.4.9.2   Market estimates and forecast, by product, 2018 – 2030

8.4.9.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.4.9.4   Market estimates and forecast, by application, 2018 – 2030

8.5    Latin America

8.5.1    Market estimates and forecast, 2018 – 2030

8.5.2    Market estimates and forecast, by product, 2018 – 2030

8.5.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.5.4    Market estimates and forecast, by application, 2018 – 2030

8.5.5    Brazil

8.5.5.1   Market estimates and forecast, 2018 – 2030

8.5.5.2   Market estimates and forecast, by product, 2018 – 2030

8.5.5.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.5.5.4   Market estimates and forecast, by application, 2018 – 2030

8.5.6    Mexico

8.5.6.1   Market estimates and forecast, 2018 – 2030

8.5.6.2   Market estimates and forecast, by product, 2018 – 2030

8.5.6.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.5.6.4   Market estimates and forecast, by application, 2018 – 2030

8.6    MEA

8.6.1    Market estimates and forecast, 2018 – 2030

8.6.2    Market estimates and forecast, by product, 2018 – 2030

8.6.3    Market estimates and forecast, by vehicle type, 2018 – 2030

8.6.4    Market estimates and forecast, by application, 2018 – 2030

8.6.5    South Africa

8.6.5.1   Market estimates and forecast, 2018 – 2030

8.6.5.2   Market estimates and forecast, by product, 2018 – 2030

8.6.5.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.6.5.4   Market estimates and forecast, by application, 2018 – 2030

8.6.6    GCC

8.6.6.1   Market estimates and forecast, 2018 – 2030

8.6.6.2   Market estimates and forecast, by product, 2018 – 2030

8.6.6.3   Market estimates and forecast, by vehicle type, 2018 – 2030

8.6.6.4   Market estimates and forecast, by application, 2018 – 2030

Chapter 9   Company Profiles

9.1    Allegro MicroSystems, Inc.

9.1.1    Business Overview

9.1.2    Financial Data

9.1.3    Product Landscape

9.1.4    Strategic Outlook

9.1.5    SWOT Analysis

9.2    Amphenol Corporation

9.2.1    Business Overview

9.2.2    Financial Data

9.2.3    Product Landscape

9.2.4    Strategic Outlook

9.2.5    SWOT Analysis

9.3    ams-OSRAM AG

9.3.1    Business Overview

9.3.2    Financial Data

9.3.3    Product Landscape

9.3.4    Strategic Outlook

9.3.5    SWOT Analysis

9.4    Analog Devices, Inc.

9.4.1    Business Overview

9.4.2    Financial Data

9.4.3    Product Landscape

9.4.4    Strategic Outlook

9.4.5    SWOT Analysis

9.5    Bourns, Inc.

9.5.1    Business Overview

9.5.2    Financial Data

9.5.3    Product Landscape

9.5.4    Strategic Outlook

9.5.5    SWOT Analysis

9.6    Continental AG

9.6.1    Business Overview

9.6.2    Financial Data

9.6.3    Product Landscape

9.6.4    Strategic Outlook

9.6.5    SWOT Analysis

9.7    CTS Corporation

9.7.1    Business Overview

9.7.2    Financial Data

9.7.3    Product Landscape

9.7.4    Strategic Outlook

9.7.5    SWOT Analysis

9.8    DENSO CORPORATION.

9.8.1    Business Overview

9.8.2    Financial Data

9.8.3    Product Landscape

9.8.4    Strategic Outlook

9.8.5    SWOT Analysis

9.9    Infineon Technologies AG

9.9.1    Business Overview

9.9.2    Financial Data

9.9.3    Product Landscape

9.9.4    Strategic Outlook

9.9.5    SWOT Analysis

9.10    Kohshin Electric Corporation

9.10.1    Business Overview

9.10.2    Financial Data

9.10.3    Product Landscape

9.10.4    Strategic Outlook

9.10.5    SWOT Analysis

9.11    KYOCERA AVX Components (Werne) GmbH

9.11.1    Business Overview

9.11.2    Financial Data

9.11.3    Product Landscape

9.11.4    Strategic Outlook

9.11.5    SWOT Analysis

9.12    LEM International SA

9.12.1    Business Overview

9.12.2    Financial Data

9.12.3    Product Landscape

9.12.4    Strategic Outlook

9.12.5    SWOT Analysis

9.13    Littelfuse, Inc.

9.13.1    Business Overview

9.13.2    Financial Data

9.13.3    Product Landscape

9.13.4    Strategic Outlook

9.13.5    SWOT Analysis

9.14    Melexis

9.14.1    Business Overview

9.14.2    Financial Data

9.14.3    Product Landscape

9.14.4    Strategic Outlook

9.14.5    SWOT Analysis

9.15    NXP Semiconductors NV

9.15.1    Business Overview

9.15.2    Financial Data

9.15.3    Product Landscape

9.15.4    Strategic Outlook

9.15.5    SWOT Analysis

9.16    Renesas Electronics Corporation.

9.16.1    Business Overview

9.16.2    Financial Data

9.16.3    Product Landscape

9.16.4    Strategic Outlook

9.16.5    SWOT Analysis

9.17    Robert Bosch GmbH.

9.17.1    Business Overview

9.17.2    Financial Data

9.17.3    Product Landscape

9.17.4    Strategic Outlook

9.17.5    SWOT Analysis

9.18    Sensata Technologies

9.18.1    Business Overview

9.18.2    Financial Data

9.18.3    Product Landscape

9.18.4    Strategic Outlook

9.18.5    SWOT Analysis

9.19    STMicroelectronics

9.19.1    Business Overview

9.19.2    Financial Data

9.19.3    Product Landscape

9.19.4    Strategic Outlook

9.19.5    SWOT Analysis

9.20    TE Connectivity

9.20.1    Business Overview

9.20.2    Financial Data

9.20.3    Product Landscape

9.20.4    Strategic Outlook

9.20.5    SWOT Analysis

9.21    Texas Instruments Incorporated

9.21.1    Business Overview

9.21.2    Financial Data

9.21.3    Product Landscape

9.21.4    Strategic Outlook

9.21.5    SWOT Analysis

9.22    VALEO

9.22.1    Business Overview

9.22.2    Financial Data

9.22.3    Product Landscape

9.22.4    Strategic Outlook

9.22.5    SWOT Analysis

9.23    Vishay Intertechnology, Inc

9.23.1    Business Overview

9.23.2    Financial Data

9.23.3    Product Landscape

9.23.4    Strategic Outlook

9.23.5    SWOT Analysis

9.24    ZF Friedrichshafen AG

9.24.1    Business Overview

9.24.2    Financial Data

9.24.3    Product Landscape

9.24.4    Strategic Outlook

9.24.5    SWOT Analysis

Authors: Suraj Gujar
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Premium Report Details

Base Year: 2021

Companies covered: 24

Tables & Figures: 464

Countries covered: 18

Pages: 320

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